📉 The current price and recent movements
📍 The current price of GUN is around 0.015–0.018 USD in real-time trades, with a strong drop of more than 26% over the last 24 hours — reflecting strong selling pressure and high volatility in the market.
📊 Key figures:
The price 24h: dropped ~ -26% to about -30%.
The market value is around 20–25 million dollars.
The trading volume in the last 24 hours reflects strong market activity, often from high volatility buy/sell operations.
⬆️ However, over the past week, there has been some partial price increase compared to the lowest point, which may indicate short-term corrections or re-evaluations.
🎮 Project Background
💡 GUN is the token of the GameFi/Layer-1 project related to the AAA game "Off The Grid" developed by Gunzilla Games, which is a Web3-based game and integrates the use of the token in in-game operations such as purchasing items and transactions on the market.
📈 At launch, the token gained significant momentum and a massive market value within hours on platforms like Binance Launchpool.
📉 Analysis of the recent drop
The sharp decline over the last 24 hours typically occurs when:
1. Strong selling pressure from investors or traders (desire to take profits or exit positions).
2. High volatility in the cryptocurrency market in general, which particularly affects gaming tokens.
3. Temporary decline in demand compared to the available supply in the market.
— This explains the price drop of about 26%+ over 19 hours as mentioned.
📌 Summary of GUN Insights until 19:00 UTC
🔹 Current Price Status: Decreased significantly — reflecting strong selling pressure.
🔹 Market Movement: Fluctuations above average in the past hours.
🔹 Weekly Framework: Some recovery or support may be observed in the short term, but it is still under observation.
🔹 Fundamental Background: GUN remains tied to long-term aspirations in the GameFi sector, but the price is affected by market volatility and trader activity.
